Cities with the fastest growing home prices in Daphne metro area

Written by:
November 23, 2022
Arina P Habich // Shutterstock

Cities with the fastest growing home prices in Daphne metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Daphne-Fairhope-Foley, AL metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 20 cities and towns with data available were included in the list.

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#20. Perdido, Perdido

- 1-year price change: +$10,822 (+6.7%)
- 5-year price change: +$57,519 (+50.2%)
- Typical home value: $171,999 (#20 most expensive city in metro)
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#19. Little River, Little River

- 1-year price change: +$11,555 (+7.1%)
- 5-year price change: +$54,649 (+45.4%)
- Typical home value: $174,898 (#19 most expensive city in metro)
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#18. Stockton, Stockton

- 1-year price change: +$15,549 (+8.6%)
- 5-year price change: +$61,285 (+45.3%)
- Typical home value: $196,715 (#18 most expensive city in metro)
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#17. Bay Minette, Bay Minette

- 1-year price change: +$25,587 (+14.2%)
- 5-year price change: +$79,357 (+62.8%)
- Typical home value: $205,698 (#17 most expensive city in metro)
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#16. Robertsdale, Robertsdale

- 1-year price change: +$41,628 (+19.4%)
- 5-year price change: +$109,573 (+74.4%)
- Typical home value: $256,753 (#15 most expensive city in metro)

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6 / 20
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#15. Loxley, Loxley

- 1-year price change: +$41,648 (+17.9%)
- 5-year price change: +$114,357 (+71.3%)
- Typical home value: $274,654 (#12 most expensive city in metro)
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#14. Summerdale, Summerdale

- 1-year price change: +$42,684 (+18.6%)
- 5-year price change: +$119,791 (+78.7%)
- Typical home value: $271,910 (#13 most expensive city in metro)
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#13. Bon Secour, Bon Secour

- 1-year price change: +$42,693 (+19.9%)
- 5-year price change: +$119,469 (+86.6%)
- Typical home value: $257,387 (#14 most expensive city in metro)
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#12. Silverhill, Silverhill

- 1-year price change: +$42,869 (+18.2%)
- 5-year price change: +$122,725 (+78.6%)
- Typical home value: $278,816 (#11 most expensive city in metro)
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#11. Magnolia Springs, Magnolia Springs

- 1-year price change: +$44,397 (+21.0%)
- 5-year price change: +$113,618 (+80.2%)
- Typical home value: $255,347 (#16 most expensive city in metro)

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11 / 20
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#10. Daphne, Daphne

- 1-year price change: +$47,366 (+17.8%)
- 5-year price change: +$120,103 (+62.0%)
- Typical home value: $313,714 (#7 most expensive city in metro)
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#9. Foley, Foley

- 1-year price change: +$48,984 (+20.2%)
- 5-year price change: +$129,561 (+79.9%)
- Typical home value: $291,632 (#10 most expensive city in metro)
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#8. Seminole, Seminole

- 1-year price change: +$49,295 (+18.5%)
- 5-year price change: +$141,527 (+81.0%)
- Typical home value: $316,233 (#6 most expensive city in metro)
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#7. Elberta, Elberta

- 1-year price change: +$50,579 (+18.0%)
- 5-year price change: +$159,065 (+92.0%)
- Typical home value: $332,037 (#5 most expensive city in metro)
15 / 20
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#6. Stapleton, Stapleton

- 1-year price change: +$52,318 (+20.1%)
- 5-year price change: +$149,803 (+92.1%)
- Typical home value: $312,502 (#9 most expensive city in metro)

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16 / 20
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#5. Spanish Fort, Spanish Fort

- 1-year price change: +$58,170 (+18.0%)
- 5-year price change: +$148,418 (+63.5%)
- Typical home value: $382,069 (#4 most expensive city in metro)
17 / 20
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#4. Lillian, Lillian

- 1-year price change: +$61,511 (+24.5%)
- 5-year price change: +$143,365 (+84.8%)
- Typical home value: $312,527 (#8 most expensive city in metro)
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#3. Fairhope, Fairhope

- 1-year price change: +$69,057 (+17.8%)
- 5-year price change: +$193,343 (+73.1%)
- Typical home value: $457,821 (#3 most expensive city in metro)
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#2. Gulf Shores, Gulf Shores

- 1-year price change: +$89,279 (+23.8%)
- 5-year price change: +$248,867 (+115.6%)
- Typical home value: $464,214 (#2 most expensive city in metro)
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#1. Orange Beach, Orange Beach

- 1-year price change: +$133,114 (+23.4%)
- 5-year price change: +$426,893 (+155.1%)
- Typical home value: $702,118 (#1 most expensive city in metro)

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